Info Edge (India) has invested an additional amount of Rs 10 crore in Applect Learning Systems, which is engaged in online education and assessment business through its Website Meritnation.com. Post this investment, the aggregate amount invested by the Company in Applect Learning Systems is Rs 71.5 crore for a 55.81% stake on a fully diluted and converted basis.
Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India. The company has a network of 67 offices spread across in 41 cities in India.